What is your operating cost per mile (poll)?

Discussion in 'Ask An Owner Operator' started by kay_ray, May 11, 2022.

?

What is your cost per mile

  1. Under 1$

  2. 1-1.50

  3. 1.50-1.80

  4. 1.80-2

  5. Over 2$

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  1. GYPSY65

    GYPSY65 Road Train Member

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    One gold star coming up!!!

    No trailer payment but figured in

    that’s how we all should be doing it and at the end we are either covered for unknowns or get a bonus check
     
    GYPSY65, May 12, 2022
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  2. Siinman

    Siinman Road Train Member

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    You only pay yourself 30K a year? Are you filing under an S Corp or something? Seems pretty low!
     
    Siinman, May 12, 2022
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  3. JonJon78

    JonJon78 Road Train Member

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    Yes 30k under S Corp.
     
    JonJon78, May 12, 2022
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  4. bzinger

    bzinger Road Train Member

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    bzinger, May 12, 2022
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  5. bzinger

    bzinger Road Train Member

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    No comment lol.
     
    bzinger, May 12, 2022
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  6. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    Being a highly successful O/O, why not just take a vacation or run another lane that only has the big sharks in it until the fledgling goes belly up then?
     
    Dave_in_AZ, May 12, 2022
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  7. GYPSY65

    GYPSY65 Road Train Member

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    Im not an accountant nor am I giving advice
    But if you pay yourself X and then Take X as a bonus you save on Soc Sec tax and a few other things
    But your accountant will have better info
     
    GYPSY65, May 12, 2022
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  8. Siinman

    Siinman Road Train Member

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    Yes I understand how it works for the most part. I thought it was suppose to be reasonable so that 30K a year seems very low to me. But I am not accountant either or a tax expert. Just caught my eye right away when he posted that info. Maybe it is just fine for all I know and I overthink stuff.
     
    Siinman, May 12, 2022
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  9. JonJon78

    JonJon78 Road Train Member

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    30k plus dividends based on my companies performance. :) That's why I hire a tax expert that knows her stuff, because it's all over my head.
     
    JonJon78, May 12, 2022
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  10. DUNE-T

    DUNE-T Road Train Member

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    So is it safe to say that your maintenance is usually $25k per year?
     
    DUNE-T, May 12, 2022
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